[PIP-21] Enabling vlPOP Delegation through Karma

Summary

This proposal seeks to define the tools and process we will use for PopcornDAO vlPOP vote delegation. As outlined in RFC-26, there are two options for leveraging Karma within this system, each with user experience and cost tradeoffs:

Option 1 - upgrade to an enhanced Karma dashboard

Delegation experience implications:

  • Delegates Profiles will be shared on a Popcorn-branded Karma page. Example: Optimism’s delegate page
  • Delegates can self-signup on the dashboard, verify their social links and create their Delegate profile.
  • Karma displays Delegate profiles along with advanced analytics about Delegate voting behavior. vlPOP holders can filter Delegates by various advanced criteria to help them choose the Delegate who resonates with them the most.
  • To delegate their voting power, vlPOP holders will click the “delegate” button on their desired Delegate’s profile.

Cost:

  • $500 / month for development and maintenance of the enhanced Karma platform. This was generously offered at a significant discount by Karma to PopcornDAO due to our size and mission.

Option 2 - continue using our current Karma dashboard

Delegation experience implications:

  • Information to populate Delegates Profiles will be collected via replies to a Forum post or a Google Forms link.
  • Delegates Profiles will be created and shared on a public Notion page or Google sheet by Popcorn core contributors (this will require extra work for the team and may result in lag time between a Delegate’s profile submission and their profile going live).
  • vlPOP holders interested in delegating their voting power can read Delegates’ profiles on Notion, and then visit Karma and search by wallet address or ENS to view Delegates’ voting records and Karma scores.
  • To delegate their voting power, vlPOP holders will click the “delegate” button on their desired Delegate’s profile.

Cost:

  • $250 / month for maintaining our current Karma platform.

Motivation

By selecting an option to pursue, we will be able to move forward with setting up our vlPOP delegate / delegator system.

Previous discussions

Action steps

  • Work with the Karma team to execute selected option
  • Develop and share a guide for both PopcornDAO Delegates and those wishing to delegate their voting power

Desired outcomes

  • Increased active participation in governance by those who choose to become PopcornDAO Delegates
  • Increase in total vlPOP utilized in Snapshot votes as more passive vlPOP holders choose a Delegate to represent them in governance decisions.

Please vote:

  • Option 1 - upgrade to an enhanced Karma dashboard
  • Option 2 - continue using our current Karma dashboard
0 voters
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Best to upgrade to an enhanced karma dashboard

Upgrade to an enhanced Karma dashboard